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CA AB2401
Bill
Status
2/21/2014
Primary Sponsor
Matt Dababneh
Click for details
AI Summary
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Extends the deadline for insurers to submit comments on adopted market conduct examination reports from 20 business days to 30 calendar days after transmittal by the Insurance Commissioner.
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Extends the deadline for the Commissioner to publish adopted reports and insurer comments on the Department of Insurance website from 20 business days to 30 calendar days after transmittal.
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Maintains existing requirements that the Department of Insurance publicly post all adopted market conduct examination reports related to unfair or deceptive insurance practices, with identifying information about policyholders redacted.
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Does not require disclosure of company workpapers, internal documents, or preliminary examination reports.
Legislative Description
Insurance: public inspection.
Last Action
Referred to Com. on INS.
3/10/2014